Bean Buildup Sends Coffee to Nine-Week Low

By

Leslie Josephs

Feb. 15, 2013 7:13 p.m. ET

Arabica-coffee futures fell to their lowest price in nearly nine weeks, as a buildup of the beans at exchange-certified warehouses overshadowed concerns about a plant-disease outbreak in Central America.

Coffee for delivery in March on the ICE Futures U.S. exchange fell 0.8% to $1.3695 a pound, the lowest front-month settlement since Dec. 18. The...